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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.645-4.4%Jan 2 9:30 AM EST

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To: Tim Gardner who wrote (1952)3/5/1998 5:40:00 PM
From: WhySoSoon   of 2841
 
People are getting used to making a fast buck in the market lately. The investing time frame is extremely short, i.e. move in and out quickly. That's why you saw a big gyration if earnings does not come through. Having said that, you have to ask yourself about the future earning prospect of this stock. If it is very gloomy, then you should be out. If this is only a hiccup, then you should hold and even buy at depressed level. Folks, before you join the herd to dump your shares, do you still think this company's growth strategy on track? What do you think the rock bottom P/E that the market assign to it? It is sitting at trailing PE of 9.838 after today's close. Keep in mind, this is not a high P/E stock.
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